Skip to content
Compare

Broker review

TradeSmart logoTradeSmart review

Flat ₹15 Power Plan from a 30-year VNS Finance lineage

3.8/ 5App: 4.3/5
  • Since 1994
  • Delivery Rs.15 per order (Power plan; new accounts default here)
  • AMC Nil 1st year, then Rs.300/year + GST
Open an account with TradeSmartCompare TradeSmart →SEBI-registered discount broker (TradeSmartFintech Securities Ltd, ex-VNS Finance)

Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test

Fees & pricing4.3
Trading platforms3.9
Customer support3.8
Research & education3.5
Ease of opening4.0

Overview

Discount broker from TradeSmartFintech (formerly VNS Finance, 1994) running two plans: flat-₹15 Power Plan across segments and a percentage Value Plan with research.

Best for: Active traders wanting sub-₹20 flat brokerage.

Pros & cons

What we like

  • Flat ₹15 undercuts the ₹20 crowd
  • Two plans: flat execution or percentage with research
  • TradingView charts, API and algo strategies

Watch out for

  • Official pricing page blocked automated verification
  • Equity delivery not free unlike zero-delivery rivals
  • Smaller base with thinner third-party coverage

Fees & charges

Account charges

Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
Free (equity/F&O/currency + CDSL demat)✓ Verified 14/9/2026Source: TradeSmart official site · Static-verified
Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
Nil 1st year, then Rs.300/year + GST✓ Verified 22/9/2026Source: Published TradeSmart tariff (May 2026) · Static-verified

Equity

Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
Rs.15 per order (Power plan; new accounts default here)✓ Verified 22/9/2026Source: Published TradeSmart tariff (May 2026) · Static-verified
IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
Rs.15 per order (Power plan; new accounts default here)✓ Verified 22/9/2026Source: Published TradeSmart tariff (May 2026) · Static-verified
DP charge (sell)Charged when shares leave your demat on a sell (delivery). Goes mostly to the depository, not the broker.
Rs.15 + GST per scrip per day (delivery sell)✓ Verified 22/9/2026Source: Published TradeSmart tariff (May 2026) · Static-verified

Derivatives (F&O)

OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
Rs.15 per order (Power plan; new accounts default here)✓ Verified 22/9/2026Source: Published TradeSmart tariff (May 2026) · Static-verified
FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
Rs.15 per order (Power plan; new accounts default here)✓ Verified 22/9/2026Source: Published TradeSmart tariff (May 2026) · Static-verified
Source & freshness
Source
Each broker's official pricing page (per-row source links above)
Timeliness
Static-verified
Verified
22/9/2026
Method
reported
Note
Re-checked against official pages; unverified rows show Confirming. Never a live tick.

Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.

What you can invest in

Stocks (delivery)
✓ Yes
Intraday
✓ Yes
Futures & options
✓ Yes
Mutual funds
✓ Yes
IPOStocks, F&O, MF, IPO
✓ Yes
US stocks
—
Trading APITradeSmart API + algo strategies
✓ Yes

Platforms & features

platforms

  • Mobile app✓ · TradeSmart app (Android + iOS)

investing

  • IPO investing✓ · Stocks, F&O, MF, IPO

trading

  • Charting✓ · TradingView charts
  • Trading API✓ · TradeSmart API + algo strategies

research

  • Research & advisory—

support

  • Customer support✓ · Phone + email support

Support & company

Customer support

Phone + email support

Company facts

Founded
1994
Regulation
SEBI-registered discount broker (TradeSmartFintech Securities Ltd, ex-VNS Finance)
Our verdict
Compelling on price; confirm the live tariff on the official site before funding.

How to open a TradeSmart account

  1. Start your application

    Open the TradeSmart signup with your mobile number and email — it takes about 10 minutes.

  2. Complete e-KYC

    Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).

  3. E-sign documents

    Digitally sign the account-opening form and nomination details via Aadhaar e-sign.

  4. Get your client ID

    Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.

Start your TradeSmart application

Where does TradeSmart rank for your style?

Alternatives to TradeSmart

User reviews

No user reviews yet

Yours could be the first. Reviews appear here after a quick human moderation check.

Write a review

No account needed. Reviews are human-moderated; please keep it factual and specific.

Brokerage history

No price changes recorded since tracking began — current fees verified 14/9/2026. How monthly tracking works →

Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.
Open an account with TradeSmart

Official site — pricing varies by plan, verify before acting.